Arm Holdings, backed by SoftBank Group, plans to choose a US IPO as it faces a 1% decline in annual revenue, indicating a slowing smartphone market, and its stock market launch is expected to revive a lacklustre IPO market.
Chip designer Arm signed up 28 banks for its upcoming IPO without disclosing a fee arrangement, demonstrating owner SoftBank's leverage over underwriters eager to participate.
Semiconductor chip company Arm has filed for an IPO on the Nasdaq, seeking a valuation of up to $70 billion, but faces risks and potential headwinds due to financial challenges and geopolitical tensions with China.
Arm Holdings, the designer of central processing units (CPUs), has filed an F-1 with the SEC in its first step towards an initial public offering (IPO), seeking a valuation of $60 billion to $70 billion despite a decline in revenue and net income in the past year.
Nvidia's plan to acquire Arm Holdings for $40 billion is discussed in a video, cautioning against buying into the AI and Nvidia hype surrounding Arm's initial public offering (IPO).
Leading technology companies, including Apple, Nvidia, and Alphabet, have agreed to invest in Arm Holdings' initial public offering, which is targeting a valuation between $50 billion and $55 billion, according to sources.
SoftBank's desired valuation for Arm's IPO may be too high, as investors are focused on medium-term operating profit rather than just revenue, and Arm would need to achieve implausible levels of growth and profitability to justify the target valuation.
SoftBank Group's chip designer Arm is seeking a valuation of more than $52 billion in its initial public offering, targeting the largest U.S. stock market flotation of the year.
U.S. investors are eagerly anticipating several upcoming IPOs in the coming months, including Arm Holdings, Instacart, Klaviyo, and VNG, as they hope to capitalize on the recent rally in equity markets.
Arm Holdings, owned by Softbank, has received investor demand that is six times the amount it is seeking in its $5 billion stock market debut, making it more likely to reach its targeted price range of $47 to $51 per share.
SoftBank Group CEO Masayoshi Son accepted the recommendation of his bankers to leave an extra $1 per share on the table for chip designer Arm Holdings' oversubscribed IPO, projecting a bigger pop when the stock debuts on Nasdaq, valuing Arm at $54.5 billion.
UK-based chip designer Arm made its Nasdaq debut with the largest IPO since 2021, trading at $56 per share, bringing the company's market cap to nearly $60 billion, and opening the door for a wave of new IPOs.
Chipmaker Arm debuted on the public markets with a successful IPO, seeing its shares climb over 20% and its market cap exceed $60 billion, marking a significant moment for the tech sector.
SoftBank's Arm achieves a successful Nasdaq debut with its IPO, despite raising concerns on Wall Street over its high valuation and low growth compared to other semiconductor companies.
SoftBank CFO Yoshimitsu Goto declared that Arm, the U.K. chip designer, is SoftBank's most crucial subsidiary and vital to its artificial intelligence strategy.
SoftBank's initial public offering of Arm Holdings was a success, with the shares gaining 25% on their debut, although the company left potential profits on the table by pricing the IPO lower than it could have been.
SoftBank is reportedly seeking AI deals, including a potential investment in OpenAI, after the successful IPO of its Arm unit, with the company's founder and CEO, Masayoshi Son, planning to invest billions of dollars in AI technology.